This is an R Markdown Notebook. Demonstrating some of fundManageR’s ADV data acquisition functions.
packages <-
c('fundManageR', 'tidyverse','formattable', 'stringr')
lapply(packages, library, character.only = T)To initiate the to tutorial we are going to explore the summary data filed with the SEC as of September 1st, 2016. To acquire the data run the get_data_adv_managers_current_period_summary function.
most_recent_data <-
get_data_adv_managers_current_period_summary(file_directory = 'Desktop', folder_name = 'adv_data')The working directory was changed to /Users/alexbresler inside a notebook chunk. The working directory will be reset when the chunk is finished running. Use the knitr root.dir option in the setup chunk to change the the working directory for notebook chunks.The data should be loaded in to your environment now lets run some quick explorations.
most_recent_data %>%
head %>%
formattable()most_recent_data %>%
group_by(stateOfficePrimary) %>%
summarise(
amountAUMTotal = sum(amountAUMTotal, na.rm = T) %>% currency(digits = 0),
countEmployeesTotal = sum(countEmployeesTotal, na.rm = T) %>% comma(digits = 0),
countCompanies = n() %>% comma(digits = 0)
) %>%
ungroup %>%
arrange(desc(amountAUMTotal)) %>%
formattable()There is so much more we can do exploring the summary data which will be detailed in the near future in another vignette but now lets move on and explore detailed information about some managers.
In this example we will use fundManageR to deep dive as much information as we can find about entities related to The Blackstone Group. In this example I will leverage some intelligence I have about Blackstone, like their office location at 345 Park Avenue, their website blackstone.com and their ownership of GSO Capital Partners
possible_bx_companies <-
most_recent_data %>%
dplyr::filter(
nameEntityManager %>% str_detect("BLACKSTONE REAL|BREP|GSO") |
locationOfficePrimary %>% str_detect("^345 PARK AVENUE") |
urlManager %>% str_detect('blackstone.com')
) %>%
dplyr::select(
idCRD,
typeRegulationSEC,
nameEntityManager,
urlManager,
locationOfficePrimary,
urlManager,
amountAUMTotal
)possible_bx_companies %>%
formattable()Wow, Blackstone may have up to 34 SEC registered entities. Let’s take a look and try to whittle some down. Anything on a completely different floor and with a unique website that doesn’t refer to Blackstone is saf to exclude. So we eliminate Ladder, DBX/Deutsche, and Wafra, we also don’t want to search any manager’s that don’t have any managed capital;
possible_bx_companies <-
possible_bx_companies %>%
dplyr::filter(
!nameEntityManager %>% str_detect('LADDER CAPITAL ASSET MANAGEMENT LLC|DEUTSCHE|DBX|WAFRA|DB ')
) %>%
dplyr::filter(amountAUMTotal > 0)possible_bx_companies %>%
formattable()Excellent that gives us a list of 28 managers that we know, or think may be affiliated to Blackstone. Let’s see what fundmanageR will help us discover. Lets use this data to take in the CRDs to utilize in fundManager's detailed ADV exploration functions.
blackstone_crds <-
possible_bx_companies$idCRDThe package allows users to explore any manager’s most recent brochure filings. The functions allow you to explore a document’s metadata and it’s text. This can be useful for text extraction, sentiment analysis, and entity resolution. Let’s try to do both.
blackstone_brochure_data <-
get_data_adv_managers_brochures(search_names = NULL,
crd_ids = blackstone_crds,
split_pages = T)idCRD: 136979 - Manager Brochure
idCRD: 107580 - Manager Brochure
idCRD: 142979 - Manager Brochure
idCRD: 137519 - Manager Brochure
idCRD: 144537 - Manager Brochure
idCRD: 146043 - Manager Brochure
idCRD: 134009 - Manager Brochure
idCRD: 135952 - Manager Brochure
idCRD: 160157 - Manager Brochure
idCRD: 226598 - Manager Brochure
idCRD: 165782 - Manager Brochure
idCRD: 158784 - Manager Brochure
idCRD: 138208 - Manager Brochure
idCRD: 172235 - Manager Brochure
idCRD: 152294 - Manager Brochure
idCRD: 165796 - Manager Brochure
idCRD: 171640 - Manager Brochure
idCRD: 142922 - Manager Brochure
idCRD: 114716 - Manager Brochure
idCRD: 120934 - Manager Brochure
idCRD: 120936 - Manager Brochure
idCRD: 170801 - Manager Brochure
idCRD: 160080 - Manager Brochure
idCRD: 167263 - Manager Brochure
idCRD: 109106 - Manager Brochure
idCRD: 109099 - Manager Brochure
idCRD: 148943 - Manager Brochure
idCRD: 111871 - Manager BrochureOne name, CT INVESTMENT MANAGEMENT CO., LLC sticks out from our prior analysis. It looks like it may be related to Blackstone but it is hard to tell. There a bunch of ways to try to resolve this possible relationship; fundManageR and here we will use metadata from the brochures to see if we can resolve this entity to Blackstone.
One cool feature of the pdftools package is it’s metadata extraction capabilities, a feature that was implemented in fundManageR. One of the metadata fields that we will be disclosed is the author of a PDF file. Let’s try to use this field to see if we can resolve CT INVESTMENT MANGEMENT to Blackstone.
ct_validation_test <-
blackstone_brochure_data %>%
dplyr::select(idCRD, nameEntityManager, nameAuthor) %>%
distinct() %>%
dplyr::filter(nameAuthor %>% str_detect('buergerm'))ct_validation_test %>%
formattable()It looks like buergerm has authored some of the PDFs that we KNOW are related to Blackstone, there for it is safe to say CT Investment Management is indeed a related party to Blackstone. Entity resolved!
One of the most nontransparent aspects of the investment management industry is the lack of transparency around fee structures. Unlike say sports, there is no stat line for this data. The data itself isn’t even standardized, meaning the way it is described, even if it is the same thing, varies! Thankfully fundManageR gives us a tool try to discover this deep data. We can parse our OCR’d brochure text and use the tidytext package developed by Julia Silge and David Robinson to slice and dice to the data to allow us to try to find the disclosed management fee structures.
First thing we have to do is tokenize the paragraphs into sentences. We then want to try to determine if a sentence has a possible fee reference. To do that we will stringr and it’s str_detect function with a list of management fee hit words, the most important of which being a % sign. Once completed we will take those sentence, tokenize them to words and look for a number less than 5 knowing management fees are generally between 1% and 5%. This is by no means a magic bullet to discover all disclosed management fees but it should be good enough to get us a bunch of possible juicy information without having to read thousands of pages of boring disclosure text.
library(tidytext) ## devtools::install_github(juliasilge/tidytext)sentence_data <-
blackstone_brochure_data %>%
dplyr::select(idCRD, nameEntityManager, textBrochure) %>%
unnest_tokens(sentence, textBrochure, token = "sentences") %>%
mutate(idSentence = 1:n()) %>%
mutate(
hasMGMTFeeReference = sentence %>% str_detect('[1-99]%')
)
possible_fees <-
sentence_data %>%
dplyr::filter(hasMGMTFeeReference == T) %>%
dplyr::select(idCRD, nameEntityManager, sentence, idSentence) %>%
unnest_tokens(word, sentence, token = 'words') %>%
dplyr::filter(word %>% str_detect("^[1-9]")) %>%
mutate(word = word %>% as.numeric) %>%
dplyr::filter(word <= 5)Let’s explore.
possible_fees %>%
formattableLooks pretty good but let’s invest some time reading the context of each sentence to see if our hacked up algorithm worked. We can use the fantastic purrr package’s map functionality to iterate through the sentences and show us the results.
possible_fees$idSentence %>%
unique() %>%
map_chr(function(x) {
setence_df <-
sentence_data %>%
dplyr::filter(idSentence == x)
fee_text <-
setence_df %>%
.$sentence %>% paste0('\n', ., '\n')
setence_df$nameEntityManager %>% paste0('Manager: ',., '\n', fee_text)
}) %>%
paste0(collapse = '\n') %>%
messageManager: BLACKSTONE ALTERNATIVE ASSET MANAGEMENT LP
item 5 - fees and compensation item 5 - fees and compensation asset-based advisory fees in general, baam charges an asset-based advisory fee of up to 2% of assets under management.
Manager: BLACKSTONE MEZZANINE ADVISORS LP
item 5: fees and compensation for its investment advisory services provided to funds, bx mezzanine or an affiliated entity may receive a management fee at an annual rate of up to 2% of either the net assets or invested capital, which may include capital borrowed from leverage providers, pursuant to the offering and/or governing documents, which are provided to prospective investors.
Manager: BLACKSTONE DEBT ADVISORS L.P.
item 5: fees and compensation for its investment advisory services provided to funds, bda or an affiliated entity may receive a management fee at an annual rate of up to 2% of either the net assets or invested capital, which may include capital borrowed from leverage providers, pursuant to the offering and/or governing documents, which are provided to prospective investors.
Manager: STRATEGIC PARTNERS FUND SOLUTIONS ADVISORS L.P.
management fees for its investment advisory services with respect to the funds, the registrant or an affiliated entity generally receives a management fee at an annual rate of up to 1.5% of the capital commitments or invested capital, as the case may be.
Manager: STRATEGIC PARTNERS FUND SOLUTIONS ADVISORS L.P.
performance-based allocations in addition to the management fees and other fees described in item 5 above, the registrant or one of the general partners generally receives a performance-based allocation of up to 12.5% (or up to 15% for investors that commit to a fund through a feeder vehicle established by a private bank to invest in the fund (a "private bank feeder fund")) of each fund's cumulative net profits, subject to a preferred return and customary clawback provisions.
Manager: BLACKSTONE REAL ESTATE ADVISORS EUROPE L.P.
dollars ("dollar partner"), and (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than €100 million, in the case of a euro partner, and $100 million in the case of a dollar partner.
Manager: BLACKSTONE REAL ESTATE ADVISORS EUROPE L.P.
the management fee payable by a brep europe iii investor is: (a) 1.50% per annum if such investor has aggregate capital commitments of less than €200 million, in the case of a euro partner, and $200 million in the case of a dollar partner, (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than €200 million, in the case of a euro partner, and $200 million in the case of a dollar partner, and (c) 1.25% per annum for investors with capital commitments to brep europe iii and blackstone real estate partners vi l.p. in excess of $950 million.
Manager: BLACKSTONE REAL ESTATE ADVISORS EUROPE L.P.
the management fee payable by a brep europe iv investor is: (a) 1.5% per annum if such investor has aggregate capital commitments of less than €200 million, in the case of a euro partner, and $250 million in the case of a dollar partner, (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than €200 million, in the case of a euro partner, and $250 million in the case of a dollar partner and (c) 1.1% per annum if such investor has aggregate capital commitments equal to or greater than the euro equivalent of $500 million (as converted at the prevailing rate of exchange as of the date prior to such investor's admission date or as otherwise agreed to between such investor and the general partner), in the case of a euro partner, and $500 million in the case of a dollar partner.
Manager: BLACKSTONE REAL ESTATE ADVISORS EUROPE L.P.
irrespective of the capital commitment of such investor, the management fee with respect to a brep europe iv investor that is itself an investment vehicle formed for the purpose of aggregating unaffiliated investors for purposes of investing in brep europe iv is 1.5% per annum.
Manager: GSO CAPITAL PARTNERS LP
item 5: fees and compensation for its investment advisory services provided to funds, gso or an affiliated entity may receive a management fee at an annual rate of up to 2% of either the net assets or invested capital, which may include capital borrowed from leverage providers, pursuant to the offering and/or governing documents, which are provided to prospective investors.
Manager: BLACKSTONE REAL ESTATE ADVISORS V L.P.
in no event, however, will the management fee exceed 1.5% of such capital commitments or 1.5% of invested capital, as the case may be, of the fund.
Manager: BLACKSTONE STRATEGIC ALLIANCE ADVISORS L.L.C.
item 5 - fees and compensation item 5 - fees and compensation asset-based advisory fees in general, bsaa charges an asset-based advisory fee to the bsaa funds of up to 1% of assets under management, which fees scale-down to as low as 0.8% of assets under management based on the amount of capital committed to the bsaa funds by an investor.
Manager: BLACKSTONE STRATEGIC ALLIANCE ADVISORS L.L.C.
item 6 - performance-based fees item 6 - performance-based fees in addition to the asset-based advisory fees disclosed in item 5 - fees and compensation above, bsaa funds also pay (a) a performance fee up to 10% of the increase in net asset value of the investment in underlying managers and co-investments, subject to a loss carryforward provision (which fee may scale-down to as low as 8% based on the amount of capital committed to the bsaa funds by an underlying investor) and (b) up to 20% of the proceeds with respect to manager profit interests and manager buyout interests (which fee may scale- down to as low as 16% based on the amount of capital committed to the bsaa funds by an underlying investor, subject to a high water mark.
Manager: BLACKSTONE REAL ESTATE ADVISORS L.P.
the management fee payable by a brep vi investor is: (a) 1.50% per annum if such investor has aggregate capital commitments of less than $300 million and (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than $300 million.
Manager: BLACKSTONE REAL ESTATE ADVISORS L.P.
the management fee payable by a brep vii investor is: (a) 1.50% per annum if such investor has aggregate capital commitments of less than $300 million, (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than $300 million but less than $500 million, (c) 1.15% per annum if such investor has aggregate capital commitments equal to or greater than $500 million but less than $800 million and (d) 1.10% per annum if such investor has aggregate capital commitments equal to or greater than $800 million.
Manager: BLACKSTONE REAL ESTATE ADVISORS L.P.
the management fee payable by a brep viii investor is: (a) 1.50% per annum if such investor has aggregate capital commitments of less than $300 million, (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than $300 million but less than $500 million and (c) 1.15% per annum if such investor has aggregate capital commitments equal to or greater than $500 million.
Manager: BLACKSTONE REAL ESTATE ADVISORS L.P.
the management fee payable by a brep asia investor is: (a) 1.50% per annum if such investor has aggregate capital commitments of less than $200 million, (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than $200 million but less than $500 million and (c) 1.00% per annum if such investor has aggregate capital commitments equal to or greater than $500 million.
Manager: BLACKSTONE REAL ESTATE ADVISORS L.P.
the management fee payable by a brep europe v investor is: (a) 1.5% per annum if such investor has aggregate capital commitments of less than €280 million (or $300 million in the case of an investor making its capital commitment in u.s. dollars), and (b) 1.25% per annum if such investor has aggregate capital commitments equal to or greater than €280 million (or $300 million in the case of an investor making its capital commitment in u.s. dollars).
Manager: GSO / BLACKSTONE DEBT FUNDS MANAGEMENT LLC
item 5: fees and compensation for its investment advisory services provided to funds, dfm or an affiliated entity may receive a management fee at an annual rate of up to 2% of either the net assets or invested capital, which may include capital borrowed from leverage providers, pursuant to the offering and/or governing documents, which are provided to prospective investors.
Manager: BLACKSTONE REAL ESTATE SPECIAL SITUATIONS ADVISORS L.L.C.
item 5: fees and compensation management fees and performance fees pursuant to bressa's advisory agreements with each of the funds, bressa is entitled to compensation for its services in the form of an annual management fee (the "bressa management fee"), payable quarterly at a rate up to 1.5% per annum (varying between funds) of the fund's (i) net asset value, in the case of the funds that are structured as "hedge funds", or (ii) total invested capital, in the case of the funds that are structured as "private equity funds", determined and payable as of the first business day of each calendar quarter for the funds paying in advance.
Manager: BLACKSTONE CLEAN TECHNOLOGY ADVISORS L.L.C.
in no event, however, will the management fee exceed 1.75% per annum of such capital commitments or 1.75% per annum of invested capital, as the case may be, of the fund.
Manager: BLACKSTONE CLEAN TECHNOLOGY ADVISORS L.L.C.
bcta will credit against future management fees 66 2/3% of the management fees charged to date and only charge management fees on invested capital going forward.
Manager: GSO CAPITAL ADVISORS LLC
item 5: fees and compensation for its investment advisory services provided to funds, capital advisors or an affiliated entity may receive a management fee at an annual rate of up to 2% of either the net assets or invested capital, which may include capital borrowed from leverage providers, pursuant to the offering and/or governing documents, which are provided to prospective investors.
Manager: BLACKSTONE ALTERNATIVE SOLUTIONS L.L.C.
item 5 - fees and compensation item 5 - fees and compensation asset-based advisory fees in general, bas charges an asset-based advisory fee of up to 1.5% of assets under management.
Manager: BLACKSTONE ALTERNATIVE SOLUTIONS L.L.C.
item 6 - performance-based fees item 6 - performance-based fees in addition to the asset-based advisory fees disclosed in item 5 - fees and compensation above, bas funds generally will be charged a performance-based fee generally equal to 25% of net profits, inclusive of the underlying manager fee, subject to loss carryforward provisions bas's fees will be reduced by the full amount of any fees paid to bas underlying managers.
Manager: BLACKSTONE ALTERNATIVE INVESTMENT ADVISORS LLC
blackstone alternative investment advisors llc item 5 - fees and compensation item 5 -fees and compensation asset-based advisory fees in general, baia charges an asset-based advisory fee of up to 2% of assets under management.
Manager: BLACKSTONE ALTERNATIVE INVESTMENT ADVISORS LLC
blackstone alternative investment advisors llc item 6 - performance-based fees tem 6 - performance-based fees in addition to the asset-based advisory fees disclosed in item 5 - fees and compensation above, certain baia funds charge a performance-based fee of up to 15% of the positive performance of such baia funds, subject to a loss carryforward provision.
Manager: BLACKSTONE STRATEGIC CAPITAL ADVISORS, L.LC.
item 6 - performance-based fees item 6 - performance-based fees in addition to the asset-based advisory fees disclosed in item 5 - fees and compensation above, the general partner receives a carried interest distribution of up to 20% of the profits realized in respect of each bsca manager interest (or other permitted investment), after the bsca fund first makes distributions to investors in an amount equal to the investors' capital contributions in respect of each bsca manager interest together with an 8% preferred return on such amounts.
Manager: BLACKSTONE MULTI-ASSET ADVISORS L.L.C.
with respect to harrington reinsurance, pursuant to the harrington constituent documents, bmaa is entitled to compensation for its services to harrington partners in the form of an annual management fee, calculated and payable quarterly in arrears as of the last business day of each fiscal quarter, at a rate equal to 1.5% per annum of the net asset value of harrington partners.
Manager: BLACKSTONE SENFINA ADVISORS L.L.C.
item 5 - fees and compensation item 5 - fees and compensation asset-based advisory fees in general, bsa charges an asset-based advisory fee up to 2% per annum based on average assets under management.
Manager: BLACKSTONE PROPERTY ADVISORS L.P.
the bpa management fee payable by a bpp investor (a) with an aggregate capital commitment of less than $300 million, is 1.0% per annum of such investor's proportionate share of the net asset value of bpp, or (b) with an aggregate capital commitment equal to at least $300 million, is 0.85% per annum of such investor's proportionate share of the net asset value of bpp.
Manager: BLACKSTONE PROPERTY ADVISORS L.P.
the bpa management fee payable by a bapp investor is (a) 1.0% per annum of such investor's invested capital and (b) 0.5% per annum of such investor's unpaid capital commitments.
Manager: BLACKSTONE PROPERTY ADVISORS L.P.
the bpa management fee payable by a bppi investor (a) with an aggregate capital commitment of less than $500 million, is 1.0% per annum of such investor's proportionate share of the net asset value of bppi, or (b) with an aggregate capital commitment equal to at least $500 million, is 0.85% per annum of such investor's proportionate share of the net asset value of bppi.
Manager: BLACKSTONE PROPERTY ADVISORS L.P.
however, bpa management fees paid by an investor in the other core+ vehicles are generally determined based on a percentage ranging from 0.5% to 1% per annum of either an investor's invested capital or share of the net asset value of the relevant other core+ vehicle.
Manager: BLACKSTONE PROPERTY ADVISORS L.P.
management fees and performance fees payable to bx reit advisors pursuant to the breit advisory agreement, bx reit advisors is entitled to compensation for its services in the form of a management fee (the "breit management fee" and, together with the bpa management fee, the "management fee") of 1.25% of breit's net asset value per annum payable monthly.
Manager: BLACKSTONE PROPERTY ADVISORS L.P.
in addition to the breit management fees and other fees described in item 5 that are received by bx reit advisors, so long as the breit advisory agreement has not been terminated (including by means of non-renewal), the breit special limited partner will receive performance-based compensation equal to 12.5% of breit's total return (which for any period shall equal the sum of (i) all distributions accrued or paid (without duplication) on the breit operating partnership units outstanding at the end of the period since the beginning of the then- current calendar year plus (ii) the change in aggregate net asset value of such units since the beginning of the then-current calendar year, before giving effect to (x) changes resulting solely from the proceeds of issuances of breit operating partnership units, (y) any allocation/accrual to the performance participation interest and (z) applicable stockholder servicing fee expenses), subject to (a) a hurdle amount of 5% annualized internal rate of return on the net asset value of the breit operating partnership units, and (b) a "high water mark" so that the recoupment of past annual total return losses will offset the positive annual total return for purposes of the calculation of the breit special limited partner's performance participation.Wow this worked. While we may have missed some fee disclosures that used strange syntax, anything with basic language around management fees we EASILY discovered. We could take this workflow and apply this to any asset manager to discover management fees or modify it a bit and look for promote structures. Information that VERY few people have and is not easy to discover.
The most difficult feature to build was fundManageR to parse the SEC’s absolutely HORRENDUS online ADV forms. Fortunately this task, though extremely difficult, was doable. Parsing an ADV form, especially if you select a manager significant assets under management can be a time consuming considering the size of the data being processed so please, be patient.
Also, instead of selecting all possible sections you can specify the specific sections you want the function to pull in, to see your options you can call the get_data_sec_adv_manager_sitemap function but by default all sections are selected.
get_data_sec_adv_manager_sitemap() %>%
formattable()The majority our 28 Blackstone related entities have billions of dollars in assets under management so acquiring data for every section and entity will a while, you can follow the functions progress in the messages.
The get_data_adv_managers_filings returns a list of nested data frames by entity and section; to make the data easier to explore upon scraping, the default action is to save each section into the user’s environment and we combine the brochure sections with a unique list of values describing the manager into a single data frame assigned to the environment as managerDescription, you can override this by setting flatten_tables to FALSE.
blackstone_entity_df <-
get_data_adv_managers_filings(
search_names = NULL,
crd_ids = blackstone_crds, ## BE PATIENT !!!
all_sections = T,
assign_to_enviornment = T
)idCRD: 136979 - Registration
idCRD: 136979 - DRPs
idCRD: 136979 - Identifying Information
idCRD: 136979 - SEC Reporting
idCRD: 136979 - Organization
idCRD: 136979 - Successions
idCRD: 136979 - Advisory Business Information
idCRD: 136979 - Other Business Activities
idCRD: 136979 - Financial Industry Affiliations
idCRD: 136979 - Private Fund Reporting
Parsed BLACKSTONE MANAGEMENT PARTNERS L.L.C. they have 10 fund vehicles and $56,528,584,012.00 in private fund AUM
idCRD: 136979 - Participation or Interest in Client Transactions
idCRD: 136979 - Custody
idCRD: 136979 - Control Persons
idCRD: 136979 - Disclosure Information
idCRD: 136979 - Direct Manager Owners
idCRD: 136979 - Indirect Manager Owners
idCRD: 136979 - Other Manager Information
idCRD: 136979 - Manager Signatories
Parsed BLACKSTONE MANAGEMENT PARTNERS L.L.C.
They have $62,950,761,426 in Total Assets Under Management
idCRD: 107580 - Registration
idCRD: 107580 - DRPs
idCRD: 107580 - Identifying Information
idCRD: 107580 - SEC Reporting
idCRD: 107580 - Organization
idCRD: 107580 - Successions
idCRD: 107580 - Advisory Business Information
idCRD: 107580 - Other Business Activities
idCRD: 107580 - Financial Industry Affiliations
idCRD: 107580 - Private Fund Reporting
Parsed BLACKSTONE ALTERNATIVE ASSET MANAGEMENT LP they have 141 fund vehicles and $53,007,930,592.00 in private fund AUM
idCRD: 107580 - Participation or Interest in Client Transactions
idCRD: 107580 - Custody
idCRD: 107580 - Control Persons
idCRD: 107580 - Disclosure Information
idCRD: 107580 - Direct Manager Owners
idCRD: 107580 - Indirect Manager Owners
idCRD: 107580 - Other Manager Information
idCRD: 107580 - Manager Signatories
Parsed BLACKSTONE ALTERNATIVE ASSET MANAGEMENT LP
They have $59,349,863,824 in Total Assets Under Management
idCRD: 142979 - Registration
idCRD: 142979 - DRPs
idCRD: 142979 - Identifying Information
idCRD: 142979 - SEC Reporting
idCRD: 142979 - Organization
idCRD: 142979 - Successions
idCRD: 142979 - Advisory Business Information
idCRD: 142979 - Other Business Activities
idCRD: 142979 - Financial Industry Affiliations
idCRD: 142979 - Private Fund Reporting
Parsed BLACKSTONE REAL ESTATE ADVISORS L.P. they have 33 fund vehicles and $15,746,255,200.00 in private fund AUM
idCRD: 142979 - Participation or Interest in Client Transactions
idCRD: 142979 - Custody
idCRD: 142979 - Control Persons
idCRD: 142979 - Disclosure Information
idCRD: 142979 - Direct Manager Owners
idCRD: 142979 - Indirect Manager Owners
idCRD: 142979 - Other Manager Information
idCRD: 142979 - Manager Signatories
Parsed BLACKSTONE REAL ESTATE ADVISORS L.P.
They have $56,404,540,029 in Total Assets Under Management
idCRD: 137519 - Registration
idCRD: 137519 - DRPs
idCRD: 137519 - Identifying Information
idCRD: 137519 - SEC Reporting
idCRD: 137519 - Organization
idCRD: 137519 - Successions
idCRD: 137519 - Advisory Business Information
idCRD: 137519 - Other Business Activities
idCRD: 137519 - Financial Industry Affiliations
idCRD: 137519 - Private Fund Reporting
Parsed GSO CAPITAL PARTNERS LP they have 46 fund vehicles and $33,210,412,218.00 in private fund AUM
idCRD: 137519 - Participation or Interest in Client Transactions
idCRD: 137519 - Custody
idCRD: 137519 - Control Persons
idCRD: 137519 - Disclosure Information
idCRD: 137519 - Direct Manager Owners
idCRD: 137519 - Indirect Manager Owners
idCRD: 137519 - Other Manager Information
idCRD: 137519 - Manager Signatories
Parsed GSO CAPITAL PARTNERS LP
They have $38,332,219,304 in Total Assets Under Management
idCRD: 144537 - Registration
idCRD: 144537 - DRPs
idCRD: 144537 - Identifying Information
idCRD: 144537 - SEC Reporting
idCRD: 144537 - Organization
idCRD: 144537 - Successions
idCRD: 144537 - Advisory Business Information
idCRD: 144537 - Other Business Activities
idCRD: 144537 - Financial Industry Affiliations
idCRD: 144537 - Private Fund Reporting
Parsed GSO / BLACKSTONE DEBT FUNDS MANAGEMENT LLC they have 66 fund vehicles and $23,178,956,912.00 in private fund AUM
idCRD: 144537 - Participation or Interest in Client Transactions
idCRD: 144537 - Custody
idCRD: 144537 - Control Persons
idCRD: 144537 - Disclosure Information
idCRD: 144537 - Direct Manager Owners
idCRD: 144537 - Indirect Manager Owners
idCRD: 144537 - Other Manager Information
idCRD: 144537 - Manager Signatories
Parsed GSO / BLACKSTONE DEBT FUNDS MANAGEMENT LLC
They have $36,725,241,327 in Total Assets Under Management
idCRD: 146043 - Registration
idCRD: 146043 - DRPs
idCRD: 146043 - Identifying Information
idCRD: 146043 - SEC Reporting
idCRD: 146043 - Organization
idCRD: 146043 - Successions
idCRD: 146043 - Advisory Business Information
idCRD: 146043 - Other Business Activities
idCRD: 146043 - Financial Industry Affiliations
idCRD: 146043 - Private Fund Reporting
Parsed BLACKSTONE REAL ESTATE SPECIAL SITUATIONS ADVISORS L.L.C. they have 17 fund vehicles and $13,244,837,851.00 in private fund AUM
idCRD: 146043 - Participation or Interest in Client Transactions
idCRD: 146043 - Custody
idCRD: 146043 - Control Persons
idCRD: 146043 - Disclosure Information
idCRD: 146043 - Direct Manager Owners
idCRD: 146043 - Indirect Manager Owners
idCRD: 146043 - Other Manager Information
idCRD: 146043 - Manager Signatories
Parsed BLACKSTONE REAL ESTATE SPECIAL SITUATIONS ADVISORS L.L.C.
They have $21,645,229,587 in Total Assets Under Management
idCRD: 134009 - Registration
idCRD: 134009 - DRPs
idCRD: 134009 - Identifying Information
idCRD: 134009 - SEC Reporting
idCRD: 134009 - Organization
idCRD: 134009 - Successions
idCRD: 134009 - Advisory Business Information
idCRD: 134009 - Other Business Activities
idCRD: 134009 - Financial Industry Affiliations
idCRD: 134009 - Private Fund Reporting
Parsed STRATEGIC PARTNERS FUND SOLUTIONS ADVISORS L.P. they have 29 fund vehicles and $16,646,409,498.00 in private fund AUM
idCRD: 134009 - Participation or Interest in Client Transactions
idCRD: 134009 - Custody
idCRD: 134009 - Control Persons
idCRD: 134009 - Disclosure Information
idCRD: 134009 - Direct Manager Owners
idCRD: 134009 - Indirect Manager Owners
idCRD: 134009 - Other Manager Information
idCRD: 134009 - Manager Signatories
Parsed STRATEGIC PARTNERS FUND SOLUTIONS ADVISORS L.P.
They have $17,475,790,634 in Total Assets Under Management
idCRD: 135952 - Registration
idCRD: 135952 - DRPs
idCRD: 135952 - Identifying Information
idCRD: 135952 - SEC Reporting
idCRD: 135952 - Organization
idCRD: 135952 - Successions
idCRD: 135952 - Advisory Business Information
idCRD: 135952 - Other Business Activities
idCRD: 135952 - Financial Industry Affiliations
idCRD: 135952 - Private Fund Reporting
Parsed BLACKSTONE REAL ESTATE ADVISORS EUROPE L.P. they have 5 fund vehicles and $6,054,414,912.00 in private fund AUM
idCRD: 135952 - Participation or Interest in Client Transactions
idCRD: 135952 - Custody
idCRD: 135952 - Control Persons
idCRD: 135952 - Disclosure Information
idCRD: 135952 - Direct Manager Owners
idCRD: 135952 - Indirect Manager Owners
idCRD: 135952 - Other Manager Information
idCRD: 135952 - Manager Signatories
Parsed BLACKSTONE REAL ESTATE ADVISORS EUROPE L.P.
They have $15,337,276,092 in Total Assets Under Management
idCRD: 160157 - Registration
idCRD: 160157 - DRPs
idCRD: 160157 - Identifying Information
idCRD: 160157 - SEC Reporting
idCRD: 160157 - Organization
idCRD: 160157 - Successions
idCRD: 160157 - Advisory Business Information
idCRD: 160157 - Other Business Activities
idCRD: 160157 - Financial Industry Affiliations
idCRD: 160157 - Private Fund Reporting
Parsed BLACKSTONE TACTICAL OPPORTUNITIES ADVISORS L.L.C. they have 36 fund vehicles and $14,977,484,710.00 in private fund AUM
idCRD: 160157 - Participation or Interest in Client Transactions
idCRD: 160157 - Custody
idCRD: 160157 - Control Persons
idCRD: 160157 - Disclosure Information
idCRD: 160157 - Direct Manager Owners
idCRD: 160157 - Indirect Manager Owners
idCRD: 160157 - Other Manager Information
idCRD: 160157 - Manager Signatories
Parsed BLACKSTONE TACTICAL OPPORTUNITIES ADVISORS L.L.C.
They have $14,852,852,383 in Total Assets Under Management
idCRD: 226598 - Registration
idCRD: 226598 - DRPs
idCRD: 226598 - Identifying Information
idCRD: 226598 - SEC Reporting
idCRD: 226598 - Organization
idCRD: 226598 - Successions
idCRD: 226598 - Advisory Business Information
idCRD: 226598 - Other Business Activities
idCRD: 226598 - Financial Industry Affiliations
idCRD: 226598 - Private Fund Reporting
Parsed BLACKSTONE PROPERTY ADVISORS L.P. they have 19 fund vehicles and $10,429,608,296.00 in private fund AUM
idCRD: 226598 - Participation or Interest in Client Transactions
idCRD: 226598 - Custody
idCRD: 226598 - Control Persons
idCRD: 226598 - Disclosure Information
idCRD: 226598 - Direct Manager Owners
idCRD: 226598 - Indirect Manager Owners
idCRD: 226598 - Other Manager Information
idCRD: 226598 - Manager Signatories
Parsed BLACKSTONE PROPERTY ADVISORS L.P.
They have $10,429,608,297 in Total Assets Under Management
idCRD: 165782 - Registration
idCRD: 165782 - DRPs
idCRD: 165782 - Identifying Information
idCRD: 165782 - SEC Reporting
idCRD: 165782 - Organization
idCRD: 165782 - Successions
idCRD: 165782 - Advisory Business Information
idCRD: 165782 - Other Business Activities
idCRD: 165782 - Financial Industry Affiliations
idCRD: 165782 - Private Fund Reporting
Parsed BLACKSTONE ALTERNATIVE INVESTMENT ADVISORS LLC they have 6 fund vehicles and $3,738,632,001.00 in private fund AUM
idCRD: 165782 - Participation or Interest in Client Transactions
idCRD: 165782 - Custody
idCRD: 165782 - Control Persons
idCRD: 165782 - Disclosure Information
idCRD: 165782 - Direct Manager Owners
idCRD: 165782 - Indirect Manager Owners
idCRD: 165782 - Other Manager Information
idCRD: 165782 - Manager Signatories
Parsed BLACKSTONE ALTERNATIVE INVESTMENT ADVISORS LLC
They have $9,314,851,205 in Total Assets Under Management
idCRD: 158784 - Registration
idCRD: 158784 - DRPs
idCRD: 158784 - Identifying Information
idCRD: 158784 - SEC Reporting
idCRD: 158784 - Organization
idCRD: 158784 - Successions
idCRD: 158784 - Advisory Business Information
idCRD: 158784 - Other Business Activities
idCRD: 158784 - Financial Industry Affiliations
idCRD: 158784 - Private Fund Reporting
Parsed BLACKSTONE ALTERNATIVE SOLUTIONS L.L.C. they have 20 fund vehicles and $20,252,898,548.00 in private fund AUM
idCRD: 158784 - Participation or Interest in Client Transactions
idCRD: 158784 - Custody
idCRD: 158784 - Control Persons
idCRD: 158784 - Disclosure Information
idCRD: 158784 - Direct Manager Owners
idCRD: 158784 - Indirect Manager Owners
idCRD: 158784 - Other Manager Information
idCRD: 158784 - Manager Signatories
Parsed BLACKSTONE ALTERNATIVE SOLUTIONS L.L.C.
They have $8,846,297,940 in Total Assets Under Management
idCRD: 138208 - Registration
idCRD: 138208 - DRPs
idCRD: 138208 - Identifying Information
idCRD: 138208 - SEC Reporting
idCRD: 138208 - Organization
idCRD: 138208 - Successions
idCRD: 138208 - Advisory Business Information
idCRD: 138208 - Other Business Activities
idCRD: 138208 - Financial Industry Affiliations
idCRD: 138208 - Private Fund Reporting
Parsed BLACKSTONE REAL ESTATE ADVISORS V L.P. they have 4 fund vehicles and $4,507,690,385.00 in private fund AUM
idCRD: 138208 - Participation or Interest in Client Transactions
idCRD: 138208 - Custody
idCRD: 138208 - Control Persons
idCRD: 138208 - Disclosure Information
idCRD: 138208 - Direct Manager Owners
idCRD: 138208 - Indirect Manager Owners
idCRD: 138208 - Other Manager Information
idCRD: 138208 - Manager Signatories
Parsed BLACKSTONE REAL ESTATE ADVISORS V L.P.
They have $4,794,287,474 in Total Assets Under Management
idCRD: 172235 - Registration
idCRD: 172235 - DRPs
idCRD: 172235 - Identifying Information
idCRD: 172235 - SEC Reporting
idCRD: 172235 - Organization
idCRD: 172235 - Successions
idCRD: 172235 - Advisory Business Information
idCRD: 172235 - Other Business Activities
idCRD: 172235 - Financial Industry Affiliations
idCRD: 172235 - Private Fund Reporting
Parsed BLACKSTONE SENFINA ADVISORS L.L.C. they have 4 fund vehicles and $6,819,855,125.00 in private fund AUM
idCRD: 172235 - Participation or Interest in Client Transactions
idCRD: 172235 - Custody
idCRD: 172235 - Control Persons
idCRD: 172235 - Disclosure Information
idCRD: 172235 - Direct Manager Owners
idCRD: 172235 - Indirect Manager Owners
idCRD: 172235 - Other Manager Information
idCRD: 172235 - Manager Signatories
Parsed BLACKSTONE SENFINA ADVISORS L.L.C.
They have $4,494,890,251 in Total Assets Under Management
idCRD: 152294 - Registration
idCRD: 152294 - DRPs
idCRD: 152294 - Identifying Information
idCRD: 152294 - SEC Reporting
idCRD: 152294 - Organization
idCRD: 152294 - Successions
idCRD: 152294 - Advisory Business Information
idCRD: 152294 - Other Business Activities
idCRD: 152294 - Financial Industry Affiliations
idCRD: 152294 - Private Fund Reporting
Parsed GSO CAPITAL ADVISORS LLC they have 3 fund vehicles and $36,351,564.00 in private fund AUM
idCRD: 152294 - Participation or Interest in Client Transactions
idCRD: 152294 - Custody
idCRD: 152294 - Control Persons
idCRD: 152294 - Disclosure Information
idCRD: 152294 - Direct Manager Owners
idCRD: 152294 - Indirect Manager Owners
idCRD: 152294 - Other Manager Information
idCRD: 152294 - Manager Signatories
Parsed GSO CAPITAL ADVISORS LLC
They have $4,316,722,757 in Total Assets Under Management
idCRD: 165796 - Registration
idCRD: 165796 - DRPs
idCRD: 165796 - Identifying Information
idCRD: 165796 - SEC Reporting
idCRD: 165796 - Organization
idCRD: 165796 - Successions
idCRD: 165796 - Advisory Business Information
idCRD: 165796 - Other Business Activities
idCRD: 165796 - Financial Industry Affiliations
idCRD: 165796 - Private Fund Reporting
Parsed BLACKSTONE STRATEGIC CAPITAL ADVISORS, L.LC. they have 24 fund vehicles and $6,048,893,434.00 in private fund AUM
idCRD: 165796 - Participation or Interest in Client Transactions
idCRD: 165796 - Custody
idCRD: 165796 - Control Persons
idCRD: 165796 - Disclosure Information
idCRD: 165796 - Direct Manager Owners
idCRD: 165796 - Indirect Manager Owners
idCRD: 165796 - Other Manager Information
idCRD: 165796 - Manager Signatories
Parsed BLACKSTONE STRATEGIC CAPITAL ADVISORS, L.LC.
They have $3,741,384,720 in Total Assets Under Management
idCRD: 171640 - Registration
idCRD: 171640 - DRPs
idCRD: 171640 - Identifying Information
idCRD: 171640 - SEC Reporting
idCRD: 171640 - Organization
idCRD: 171640 - Successions
idCRD: 171640 - Advisory Business Information
idCRD: 171640 - Other Business Activities
idCRD: 171640 - Financial Industry Affiliations
idCRD: 171640 - Private Fund Reporting
Parsed BLACKSTONE MULTI-ASSET ADVISORS L.L.C. they have 6 fund vehicles and $3,098,161,706.00 in private fund AUM
idCRD: 171640 - Participation or Interest in Client Transactions
idCRD: 171640 - Custody
idCRD: 171640 - Control Persons
idCRD: 171640 - Disclosure Information
idCRD: 171640 - Direct Manager Owners
idCRD: 171640 - Indirect Manager Owners
idCRD: 171640 - Other Manager Information
idCRD: 171640 - Manager Signatories
Parsed BLACKSTONE MULTI-ASSET ADVISORS L.L.C.
They have $3,098,161,706 in Total Assets Under Management
idCRD: 142922 - Registration
idCRD: 142922 - DRPs
idCRD: 142922 - Identifying Information
idCRD: 142922 - SEC Reporting
idCRD: 142922 - Organization
idCRD: 142922 - Successions
idCRD: 142922 - Advisory Business Information
idCRD: 142922 - Other Business Activities
idCRD: 142922 - Financial Industry Affiliations
idCRD: 142922 - Private Fund Reporting
Parsed BLACKSTONE STRATEGIC ALLIANCE ADVISORS L.L.C. they have 29 fund vehicles and $6,653,714,345.00 in private fund AUM
idCRD: 142922 - Participation or Interest in Client Transactions
idCRD: 142922 - Custody
idCRD: 142922 - Control Persons
idCRD: 142922 - Disclosure Information
idCRD: 142922 - Direct Manager Owners
idCRD: 142922 - Indirect Manager Owners
idCRD: 142922 - Other Manager Information
idCRD: 142922 - Manager Signatories
Parsed BLACKSTONE STRATEGIC ALLIANCE ADVISORS L.L.C.
They have $3,095,960,087 in Total Assets Under Management
idCRD: 114716 - Registration
idCRD: 114716 - DRPs
idCRD: 114716 - Identifying Information
idCRD: 114716 - SEC Reporting
idCRD: 114716 - Organization
idCRD: 114716 - Successions
idCRD: 114716 - Advisory Business Information
idCRD: 114716 - Other Business Activities
idCRD: 114716 - Financial Industry Affiliations
idCRD: 114716 - Private Fund Reporting
Parsed BLACKSTONE MANAGEMENT PARTNERS IV L.L.C. they have 2 fund vehicles and $1,940,033,302.00 in private fund AUM
idCRD: 114716 - Participation or Interest in Client Transactions
idCRD: 114716 - Custody
idCRD: 114716 - Control Persons
idCRD: 114716 - Disclosure Information
idCRD: 114716 - Direct Manager Owners
idCRD: 114716 - Indirect Manager Owners
idCRD: 114716 - Other Manager Information
idCRD: 114716 - Manager Signatories
Parsed BLACKSTONE MANAGEMENT PARTNERS IV L.L.C.
They have $2,032,413,676 in Total Assets Under Management
idCRD: 120934 - Registration
idCRD: 120934 - DRPs
idCRD: 120934 - Identifying Information
idCRD: 120934 - SEC Reporting
idCRD: 120934 - Organization
idCRD: 120934 - Successions
idCRD: 120934 - Advisory Business Information
idCRD: 120934 - Other Business Activities
idCRD: 120934 - Financial Industry Affiliations
idCRD: 120934 - Private Fund Reporting
Parsed BLACKSTONE DEBT ADVISORS L.P. they have 8 fund vehicles and $1,408,968,306.00 in private fund AUM
idCRD: 120934 - Participation or Interest in Client Transactions
idCRD: 120934 - Custody
idCRD: 120934 - Control Persons
idCRD: 120934 - Disclosure Information
idCRD: 120934 - Direct Manager Owners
idCRD: 120934 - Indirect Manager Owners
idCRD: 120934 - Other Manager Information
idCRD: 120934 - Manager Signatories
Parsed BLACKSTONE DEBT ADVISORS L.P.
They have $1,408,968,306 in Total Assets Under Management
idCRD: 120936 - Registration
idCRD: 120936 - DRPs
idCRD: 120936 - Identifying Information
idCRD: 120936 - SEC Reporting
idCRD: 120936 - Organization
idCRD: 120936 - Successions
idCRD: 120936 - Advisory Business Information
idCRD: 120936 - Other Business Activities
idCRD: 120936 - Financial Industry Affiliations
idCRD: 120936 - Private Fund Reporting
Parsed BLACKSTONE REAL ESTATE ADVISORS IV L.L.C. they have 5 fund vehicles and $533,933,531.00 in private fund AUM
idCRD: 120936 - Participation or Interest in Client Transactions
idCRD: 120936 - Custody
idCRD: 120936 - Control Persons
idCRD: 120936 - Disclosure Information
idCRD: 120936 - Direct Manager Owners
idCRD: 120936 - Indirect Manager Owners
idCRD: 120936 - Other Manager Information
idCRD: 120936 - Manager Signatories
Parsed BLACKSTONE REAL ESTATE ADVISORS IV L.L.C.
They have $936,135,069 in Total Assets Under Management
idCRD: 170801 - Registration
idCRD: 170801 - DRPs
idCRD: 170801 - Identifying Information
idCRD: 170801 - SEC Reporting
idCRD: 170801 - Organization
idCRD: 170801 - Successions
idCRD: 170801 - Advisory Business Information
idCRD: 170801 - Other Business Activities
idCRD: 170801 - Financial Industry Affiliations
idCRD: 170801 - Private Fund Reporting
idCRD: 170801 - Participation or Interest in Client Transactions
idCRD: 170801 - Custody
idCRD: 170801 - Control Persons
idCRD: 170801 - Disclosure Information
idCRD: 170801 - Direct Manager Owners
idCRD: 170801 - Indirect Manager Owners
idCRD: 170801 - Other Manager Information
idCRD: 170801 - Manager Signatories
Parsed BLACKSTONE REAL ESTATE INCOME ADVISORS L.L.C.
They have $819,766,129 in Total Assets Under Management
idCRD: 160080 - Registration
idCRD: 160080 - DRPs
idCRD: 160080 - Identifying Information
idCRD: 160080 - SEC Reporting
idCRD: 160080 - Organization
idCRD: 160080 - Successions
idCRD: 160080 - Advisory Business Information
idCRD: 160080 - Other Business Activities
idCRD: 160080 - Financial Industry Affiliations
idCRD: 160080 - Private Fund Reporting
Parsed CT INVESTMENT MANAGEMENT CO., LLC they have 7 fund vehicles and $686,266,571.00 in private fund AUM
idCRD: 160080 - Participation or Interest in Client Transactions
idCRD: 160080 - Custody
idCRD: 160080 - Control Persons
idCRD: 160080 - Disclosure Information
idCRD: 160080 - Direct Manager Owners
idCRD: 160080 - Indirect Manager Owners
idCRD: 160080 - Other Manager Information
idCRD: 160080 - Manager Signatories
Parsed CT INVESTMENT MANAGEMENT CO., LLC
They have $686,266,571 in Total Assets Under Management
idCRD: 167263 - Registration
idCRD: 167263 - DRPs
idCRD: 167263 - Identifying Information
idCRD: 167263 - SEC Reporting
idCRD: 167263 - Organization
idCRD: 167263 - Successions
idCRD: 167263 - Advisory Business Information
idCRD: 167263 - Other Business Activities
idCRD: 167263 - Financial Industry Affiliations
idCRD: 167263 - Private Fund Reporting
Parsed BLACKSTONE TREASURY SOLUTIONS ADVISORS L.L.C. they have 11 fund vehicles and $600,008,160.00 in private fund AUM
idCRD: 167263 - Participation or Interest in Client Transactions
idCRD: 167263 - Custody
idCRD: 167263 - Control Persons
idCRD: 167263 - Disclosure Information
idCRD: 167263 - Direct Manager Owners
idCRD: 167263 - Indirect Manager Owners
idCRD: 167263 - Other Manager Information
idCRD: 167263 - Manager Signatories
Parsed BLACKSTONE TREASURY SOLUTIONS ADVISORS L.L.C.
They have $427,450,230 in Total Assets Under Management
idCRD: 109106 - Registration
idCRD: 109106 - DRPs
idCRD: 109106 - Identifying Information
idCRD: 109106 - SEC Reporting
idCRD: 109106 - Organization
idCRD: 109106 - Successions
idCRD: 109106 - Advisory Business Information
idCRD: 109106 - Other Business Activities
idCRD: 109106 - Financial Industry Affiliations
idCRD: 109106 - Private Fund Reporting
Parsed BLACKSTONE COMMUNICATIONS ADVISORS I LLC they have 1 fund vehicles and $324,501,834.00 in private fund AUM
idCRD: 109106 - Participation or Interest in Client Transactions
idCRD: 109106 - Custody
idCRD: 109106 - Control Persons
idCRD: 109106 - Disclosure Information
idCRD: 109106 - Direct Manager Owners
idCRD: 109106 - Indirect Manager Owners
idCRD: 109106 - Other Manager Information
idCRD: 109106 - Manager Signatories
Parsed BLACKSTONE COMMUNICATIONS ADVISORS I LLC
They have $338,809,207 in Total Assets Under Management
idCRD: 109099 - Registration
idCRD: 109099 - DRPs
idCRD: 109099 - Identifying Information
idCRD: 109099 - SEC Reporting
idCRD: 109099 - Organization
idCRD: 109099 - Successions
idCRD: 109099 - Advisory Business Information
idCRD: 109099 - Other Business Activities
idCRD: 109099 - Financial Industry Affiliations
idCRD: 109099 - Private Fund Reporting
Parsed BLACKSTONE MEZZANINE ADVISORS LP they have 2 fund vehicles and $155,880,928.00 in private fund AUM
idCRD: 109099 - Participation or Interest in Client Transactions
idCRD: 109099 - Custody
idCRD: 109099 - Control Persons
idCRD: 109099 - Disclosure Information
idCRD: 109099 - Direct Manager Owners
idCRD: 109099 - Indirect Manager Owners
idCRD: 109099 - Other Manager Information
idCRD: 109099 - Manager Signatories
Parsed BLACKSTONE MEZZANINE ADVISORS LP
They have $155,880,948 in Total Assets Under Management
idCRD: 148943 - Registration
idCRD: 148943 - DRPs
idCRD: 148943 - Identifying Information
idCRD: 148943 - SEC Reporting
idCRD: 148943 - Organization
idCRD: 148943 - Successions
idCRD: 148943 - Advisory Business Information
idCRD: 148943 - Other Business Activities
idCRD: 148943 - Financial Industry Affiliations
idCRD: 148943 - Private Fund Reporting
Parsed BLACKSTONE CLEAN TECHNOLOGY ADVISORS L.L.C. they have 1 fund vehicles and $18,172,392.00 in private fund AUM
idCRD: 148943 - Participation or Interest in Client Transactions
idCRD: 148943 - Custody
idCRD: 148943 - Control Persons
idCRD: 148943 - Disclosure Information
idCRD: 148943 - Direct Manager Owners
idCRD: 148943 - Indirect Manager Owners
idCRD: 148943 - Other Manager Information
idCRD: 148943 - Manager Signatories
Parsed BLACKSTONE CLEAN TECHNOLOGY ADVISORS L.L.C.
They have $20,149,516 in Total Assets Under Management
idCRD: 111871 - Registration
idCRD: 111871 - DRPs
idCRD: 111871 - Identifying Information
idCRD: 111871 - SEC Reporting
idCRD: 111871 - Organization
idCRD: 111871 - Successions
idCRD: 111871 - Advisory Business Information
idCRD: 111871 - Other Business Activities
idCRD: 111871 - Financial Industry Affiliations
idCRD: 111871 - Private Fund Reporting
Parsed BLACKSTONE REAL ESTATE ADVISORS INTERNATIONAL L.L.C. they have 3 fund vehicles and $12,503,542.00 in private fund AUM
idCRD: 111871 - Participation or Interest in Client Transactions
idCRD: 111871 - Custody
idCRD: 111871 - Control Persons
idCRD: 111871 - Disclosure Information
idCRD: 111871 - Direct Manager Owners
idCRD: 111871 - Indirect Manager Owners
idCRD: 111871 - Other Manager Information
idCRD: 111871 - Manager Signatories
Parsed BLACKSTONE REAL ESTATE ADVISORS INTERNATIONAL L.L.C.
They have $13,424,739 in Total Assets Under Management
managerDescription
managerRegulatoryCRD
section7BPrivateFundReporting
sectionScheduleA
sectionScheduleB
managerOtherOfficeLocations
managerRelatedAdvisers
managerWebsite
managerControlPersons
managerControlPublicEntities
managerOtherDisclosures
managerRecordLocationsThis table contains general information about the manager from all sections with distinct data. Information may include information on the number of employees, total amount of money managed, ranged estimates of investor types and much, much more
managerDescription This table contains information about any violations by the manager or it’s employees. These includes any violation levied by a government or self-policing regulatory body. This data is extremely difficult to parse and may not be fully complete for a manager with a laundry list of infractions, ahem Goldman Sachs.
managerRegulatoryCRDThis table contains information about the underlying fund vehicles of a registered manager. This may include information about the fund size, number of investors, types of investors, distribution of ownership, details about third parties that service the fund [accountants, marketing agents, custodians, prime brokers, etc..] and any information about related parties to the fund [General Partner, Managing Member, etc..]
section7BPrivateFundReportingThe private fund section is chocked full of great visualizable data, and to demonstrate we are going to create a treemap visualization care of Kenton Russell’s fantastic d3treeR package that will explore Blackstone’s assets under management by fund type, fund manager, fund vehicle name, and number of fund investors.
library(treemap) # install.packages('treemap')
library(d3treeR) # devtools::install_github("timelyportfolio/d3treeR")
treemap_viz <-
section7BPrivateFundReporting %>%
mutate(nameFund = nameFund %>% str_replace_all('\\ ','\n')) %>%
treemap(
index = c("typeFund",'nameEntityManager', "nameFund"),
vSize = "amountFundGrossAUM",
vColor = "countFundOwners",
palette = "RdYlGn",
fontsize.labels = 8,
type = "value"
) %>%
d3tree2(rootname = "Blackstone Vehicles")treemap_vizThis table contains information about the individuals and entities that own the registering entity, this includes ranged disclosures on percentage of ownership. This information, along with Schedule B, are ideal uses for Network Analysis. We can prove this with a really quick and dirty network graph of all of our Blackstone entities primary owners using Rich Iannone’s DiagrammeR package.
sectionScheduleA # Direct Ownerslibrary(DiagrammeR) # install.packages("DiagrammeR")
schedule_a <-
sectionScheduleA %>%
mutate_at(
.cols = c('nameEntityManager', 'nameCommonEntityOwnerManager'),
funs(. %>% str_replace_all('\\ ', '\n'))
)
funds <-
schedule_a %>% dplyr::select(nameEntityManager) %>% distinct %>% data.frame
entities <-
schedule_a %>% dplyr::select(nameCommonEntityOwnerManager) %>% distinct %>% data.frame
create_graph() %>%
set_graph_name("blackstone_owners") %>%
set_global_graph_attrs("graph", "output", "visNetwork") %>%
add_nodes_from_table(funds,
set_type = "fund",
label_col = "nameEntityManager") %>%
add_nodes_from_table(entities,
set_type = "person",
label_col = "nameCommonEntityOwnerManager") %>%
add_edges_from_table(
schedule_a %>% dplyr::select(nameEntityManager, nameCommonEntityOwnerManager) %>% data.frame(stringsAsFactors = F),
from_col = "nameEntityManager",
from_mapping = "nameEntityManager",
to_col = "nameCommonEntityOwnerManager",
to_mapping = "nameCommonEntityOwnerManager"
) %>%
visnetwork()This table contains information on the owners of any Schedule A owner that is an entity. They may include the name of the natural owner, ranges of ownership and other identifiers. This data can be unified with Schedule A to get a full picture of a manager’s ownership structure.
sectionScheduleB # Indirect OwnersThis table contains information on control entities for a filing manager, this essentially means is the manager controlled by a public entity, a good example being Blackstone which is a public company.
managerControlPublicEntitiesThis table contains information on control persons for any filing manager that is related to a public entity.
managerControlPersonsThis table discloses where a manager stores its records, it may include details on specific procedures.
managerRecordLocationsThis table discloses any other relevant information the manager wishes to communicate to the SEC including certain details regarding data in the filing.
managerOtherDisclosuresThis table contains information on all secondary offices, when applicable, related to the filing manager.
managerOtherOfficeLocationsThis table contains any website related to the filing manager.
managerWebsiteThat wraps up the data that is returned from a deep dive into a filing manager. Keep in mind not every manager is required to file each section of the form so you may not get all these sections for each manager.
I hope this give you a good quick overview of how these ADV functions work. This is an extremely powerful dataset that opens up wide-scale consumption of important information that was once impossible to access. Over the next month I intend to release a few more tutorials using this data but in the meantime I hope people make use these functions and share some of their findings!